Harmonized Index of Consumer Prices: Vegetables for Portugal
CP0117PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.63
Year-over-Year Change
0.45%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Vegetables in Portugal tracks price changes in vegetable products purchased by Portuguese consumers. This indicator provides important insights into the cost of living and inflationary pressures within the Portuguese economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The HICP for Vegetables in Portugal is a subcomponent of the broader HICP measure, which is the standard metric for assessing consumer price inflation across the Eurozone. The vegetable index specifically focuses on price trends for a basket of common vegetable products, offering a more granular view of inflationary dynamics in the Portuguese food market.
Methodology
The HICP data is collected by Portugal's National Statistics Institute through regular surveys of consumer prices.
Historical Context
Policymakers and economists use the HICP for Vegetables to help guide monetary and fiscal policies aimed at managing inflation and supporting household purchasing power.
Key Facts
- Portugal's HICP for Vegetables has risen by 3.2% over the past year.
- Vegetable prices account for around 3% of the total Portuguese HICP basket.
- The HICP for Vegetables is a key input for the European Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Vegetables in Portugal tracks the price changes of a basket of common vegetable products purchased by Portuguese consumers.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Vegetables provides important insights into inflationary pressures and the cost of living within the Portuguese economy, which is crucial information for policymakers, economists, and consumers.
Q: How is this data collected or calculated?
A: The HICP data is collected by Portugal's National Statistics Institute through regular surveys of consumer prices.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the HICP for Vegetables to help guide monetary and fiscal policies aimed at managing inflation and supporting household purchasing power.
Q: Are there update delays or limitations?
A: The HICP for Vegetables data is published monthly with a typical 2-3 week delay, and may be subject to revisions as more complete information becomes available.
Related Trends
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Broad Effective Exchange Rate for Portugal
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Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Portugal
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Infra-Annual Labor Statistics: Unemployment Rate Male: From 25 to 54 Years for Portugal
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Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 24 Years for Portugal
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Portugal
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Vegetables for Portugal (CP0117PTM086NEST), retrieved from FRED.